Techno Smart (TSE:6246) Retained Earnings: 円9,798 Mil (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:6246 Techno Smart Corp TSE:6246
85 GF Score
Price 円1,844.00
GF Value 円2,072.95
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Techno Smart Retained Earnings?

Techno Smart TSE:6246 +0.93% 85 Retained Earnings is 円9,798 Mil as of Mar. 2026. GuruFocus rates TSE:6246 with a GF Score™ of 85/100 and a GF Value™ of 円2,072.95 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Techno Smart's retained earnings for the quarter that ended in Mar. 2026 was 円9,798 Mil.

Techno Smart's quarterly retained earnings declined from Sep. 2025 (円16,532 Mil) to Dec. 2025 (円16,373 Mil) and declined from Dec. 2025 (円16,373 Mil) to Mar. 2026 (円9,798 Mil).

Techno Smart's annual retained earnings increased from Mar. 2024 (円7,611 Mil) to Mar. 2025 (円9,027 Mil) and increased from Mar. 2025 (円9,027 Mil) to Mar. 2026 (円9,798 Mil).


Techno Smart  (TSE:6246) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Techno Smart Retained Earnings Historical Data

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The historical data trend for Techno Smart's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Techno Smart Retained Earnings Chart

Techno Smart Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,883.70 6,949.91 7,610.85 9,026.56 9,797.78

Techno Smart Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15,969.44 16,531.50 16,373.33 9,797.78 16,177.78
TSE:6246
85GF Score
Techno Smart Corp TSE:6246
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Techno Smart Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of 円9,798 Mil mean?
Techno Smart (TSE:6246) has a Retained Earnings of 円9,798 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Techno Smart and its competitors.
Is Techno Smart's Retained Earnings too high?
Techno Smart's current Retained Earnings is 円9,798 Mil. Overall, Techno Smart has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Techno Smart's Retained Earnings compare to GEV and ETN?
Techno Smart's Retained Earnings of 円9,798 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for an Industrial Products company?
A good Retained Earnings depends on the Industrial Products industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Techno Smart and its competitors. Techno Smart's current Retained Earnings is 円9,798 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Techno Smart stock overvalued right now?
Based on GuruFocus' analysis, Techno Smart (TSE:6246) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,072.95, compared to a current price of 円1,844.00 — trading 11% below its estimated fair value. The current Retained Earnings is 円9,798 Mil. Techno Smart's overall GF Score™ is 85/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Techno Smart (TSE:6246), the current Retained Earnings is 円9,798 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Techno Smart (TSE:6246) Overvalued in 2026?

Based on GuruFocus' analysis, Techno Smart stock appears to be undervalued. The current stock price of 円1,844.00 is trading 11% below its estimated GF Value™ of 円2,072.95. GuruFocus considers Techno Smart to be Modestly Undervalued.

Key valuation signals for TSE:6246:

  • Retained Earnings: 円9,798 Mil
  • GF Value™: 円2,072.95 vs. price of 円1,844.00 (11% below fair value)
  • GF Score™: 85/100 with 3 warning signs

No single metric tells the full story. See the TSE:6246 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Techno Smart Business Description

Address 2-5-28, Kutarocho Tsunewa Building, 2nd Floor, Kutarocho, Chuo-ku, Osaka, JPN, 541-0056
Techno Smart Corp is based in Japan. The company operates in a single segment, the machinery and equipment manufacturing industry, and designs, manufactures, installs and sells various dryers, principally coating and drying equipment used to impart various functionalities to substrates such as film, metal foil and paper, as well as heat treatment equipment, chemical engineering equipment and other industrial machinery.
85GF Score

Get the complete analysis for TSE:6246

Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円1,844.00
Price
円2,072.95
GF Value